Wednesday, April 29, 2015

Housing market recovering in Irpinia. – Irpinia News

Sales of real estate and providing loans in recovery in Italy and also in Irpinia. The confirmation comes from the estate of Avellino.

The fact that bodes well for the whole construction sector has been spread by ISTAT and refers to the housing market that, in 2014, started to move recording a positive sign. Something that had not occurred for seven years.

In particular, increased in the months of October, November and December last year sales of property for residential use with a general growth, compared to the same quarter of 2013 , 4.9%, and salt to 5,8% if you take into account only the southern regions .

Between October and December, 92.5% of transfers property concerned property for housing and accessories (155909), 6.8% real estate units for loss (11,411) and 0.7% (1,136) housing units for special service and timeshare (excluding boats). The recovery was seen in all types of use, to a greater extent the real estate units for economic (+ 9.2%, compared to + 4.8% for units for housing and accessories).

A trend, that found that the Institute of Statistics, in the province of Avellino, is confirmed by the estate operating in the area.

“In fact, after an annus horribilis, at the end of 2014 there were signs of recovery – confirmation Louis Chiusano Tecnocasa – you are confirming that even in these early months of 2015. There is more demand and are closing more contracts. Of course, it is not that the market has started running, but compared to how things were before, there are good signs. “

To facilitate the sale was definitely the collapse of interest rates.

As always refers to Istat, even for mortgages, loans and other bonds with real estate mortgage entered into with banks or non-banks 2014 it is a year of growth: + 9.2% on 2013, with increases more determined, above the national average, which were recorded in the South with 13.6%.

“In fact, – adds Luigi Chiusano – enter into loan agreements with interest rates between 2.80% and 3.30% is something not seen for almost thirty years, “.

The trend is up sharply in the first quarter of 2015.

For the official data is still early, but a reading of thumb it can be assumed that, at least in Irpinia, the growth being recorded may be higher one just spread by ISTAT.

“Finally something is moving in Avellino – echoes Emilio Valentino, owner Nicola Del Sorbo Abaco Estate Agency -. I can confirm that there is more attention, at least people are starting to ask again to view apartments, which, in a period of total discouragement like that a few years ago, it was even more. Growth confirmed by Istat bode well, even though we are well below the levels of transactions that were recorded up to 7-8 years ago. For who is looking for a house – adds Valentine – there is no doubt that this is the ideal time to buy, especially for those who must go to a bank for a contract loan, with interest rates that are very affordable. “

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